Inbound tourism and bilateral trade, evidence from China

Bibliographic Data

ID21698338
AuthorsYingchan Luo (International Business School, Xi’an Jiaotong-Liverpool University, Suzhou, People’s Republic of China), Linjia Zhang (0000-0002-4675-6511, International Business School, Xi’an Jiaotong-Liverpool University, Suzhou, People’s Republic of China, corresponding author), Yuan Zhang (0000-0002-0902-9585, King’s College London, London, UK)
Year2022
Volume25
Issue16
Pages2595-2614
Publication date2022-08-18
Open AccessNo
TypeARTICLE
VenueCurrent Issues in Tourism (JOURNAL)
Journal identifiersISSN: 1368-3500 • E-ISSN: 1747-7603
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/13683500.2021.1978949
OpenAlexW3202096143
LanguageEN
Citations received2
References cited42

This paper examines the nexus between inbound tourism and bilateral trade in the context of China. Within a gravity model framework, both the cointegration approach and fixed-effects panel technique is applied to conduct the research. The long-run equilibrium relationship between China’s inbound tourism and its bilateral trade flows is ascertained through cointegration tests. Results also show that foreign tourists are positively associated with trade flows between China and its tourism origin countries, while inbound leisure tourists to China have a larger effect on bilateral trade than business tourists. In addition, China’s export activity is more elastic to inbound tourism than is its import activity. These findings reveal important patterns that are useful for policymakers to promote international trade regarding the different influences of inbound tourism. Further, this study extends research on China’s inbound tourism and bilateral trade by providing new empirical developments

Bilateral trade · Business · China · Cointegration · Economic geography · Economics · Empirical evidence · Geography · Gravity model of trade · International economics · International trade · Panel data · Tourism · Diverse Aspects of Tourism Research · Global trade and economics · International Business and FDI

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